With developers challenging the commission policy of Apple for listing of apps on iOS devices, social media giant Facebook Inc also took a dig at the iPhone maker saying that its requests for waiving off a 30 per cent fee for listing its app was declined by its US tech peer.   This latest...

The Chinese company ByteDance was ordered by the United States President Donald Trump on Friday to sell off its interest in the video-sharing app TikTok's operations in the United States within a period of 90 days.   "There is credible evidence that leads me to believe that ByteDance ......

With the deterioration in the business environment between India and China following the clash on Himalayan border between the Indian and Chinese army, reports are now emerging of delays in clearance and approvals from India’s quality control agency for their goods is being faced by Chinese...

Many investors chose to get rid of long-term US government bonds, which is why their yield reached its maximum values in more than a month. The yield on long-term US government bonds reached its highest level in more than a month, according to The Wall Street Journal. The yield on 10-year bonds...

In the first half of 2020, German energy company RWE AG increased its net profit attributable to shareholders by 21.7% in annual terms - to €1.01 billion, according to the company's financial statements. In terms of one share, the company's earnings in the reporting period amounted to €1.64 against...

Airbnb, an online short-term rental service, could apply to the Securities Commission (SEC) for an IPO by the end of the year within three weeks, according to The Wall Street Journal, citing sources. “The company (Airbnb) plans to file the IPO documents with the SEC later this month, thereby laying...

The international rating agency S&P Global Ratings (S&P) has removed the ratings of Ford Motor and General Motors from the list for revision by confirming them at the current levels, "BB +" and "BBB", respectively, the outlook for all ratings is negative, the agency said in a release. “The negative...

US-listed biotechnology companies have had total IPOs of $ 9.4 billion since the beginning of this year, already surpassing the record $ 6.5 billion of 2018, according to Dealogic data. Biotech stocks are up 34% on average this year on the first day of trading after the IPO, the best performance...

In the face of the pandemic, cosmetics manufacturers are trying to reduce dependence on retailers, who were forced to close stores, and look for new ways to sell their products, writes The Wall Street Journal. In the United States, some large networks experienced difficulties even before the...